The Commissioner of Income Tax I vs. Mesmer Technologies Ltd
The appeals are allowed in part
ITTA/673/2016HC Telangana15 Dec 2016
Bench: SANJAY KUMAR,M.S.K.JAISWAL
Section 12ASection 194JSection 260Section 260A
7.
Inviting the attention of the Court to the
provisions of Section 194J of the Act, it was argued that
the phrase “income tax on income comprised therein”
has been interpreted by this Court in the case of
Commissioner of Income Tax vs. Kalyani Steels
Ltd., reported in (2018) 91 taxmann.com 359
(Karnataka), wherein it has been held that
